Category: Deals

Leapmotor secures $84.3 million strategic investment from local govt funds

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.

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BYD in talks with Brazilian lithium producer over supply deal

BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.

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Nio ties up with 2 state-owned groups in Anhui, to support new firm in building 1,000 swap stations

A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.

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Nio signs battery swap tie-up agreements with JAC and Chery, report says

Nio has also signed strategic cooperation agreements with two state-owned groups in Anhui province for energy storage, charging, and battery swap system construction.

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